Eric Trump’s bold claim that Bitcoin is headed to $1 million sent another shockwave across the crypto world. He made the statement at the Bitcoin MENA 2025 conference in Abu Dhabi, where he repeated the same forecast he originally shared in August. And, he then framed Bitcoin as the hardest asset on Earth because the supply will never exceed 21 million.
He compared that limit with gold’s $18 trillion market cap and argued that Bitcoin eventually absorbs global demand the same way gold did across centuries. His tone carried confidence as he spoke to a room full of miners, founders, and sovereign fund representatives who increasingly focus on digital assets. Plus, his message resonated because the audience already views Bitcoin as a long-term macro asset rather than a speculative trade. His conviction builds on the broader wave of global institutions moving capital into Bitcoin throughout 2024 and 2025.
American Bitcoin’s Stakes Explain the Confidence
Eric Trump co-founded American Bitcoin, a mining and infrastructure company that raised $220 million this year. The firm holds 4,000 BTC, valued at roughly $368 million with Bitcoin trading around $92,000. His forecast aligns with his company’s long-term positioning. He sees Bitcoin as a strategic store of value that benefits from structural scarcity and increasing institutional demand. American Bitcoin expanded aggressively across mining, custody, and digital power infrastructure because the team expects Bitcoin to become a major asset class by the next decade.
Trump emphasized that energy-backed mining creates real-world collateral for sovereign wealth funds and corporations that want transparent and scalable Bitcoin exposure. His statements reflect this internal strategy. He believes institutional flows will accelerate as traditional assets lose yield and countries search for neutral settlement assets that cannot be manipulated. His comments add political weight to BTC’s narrative because he connects national energy policy with Bitcoin’s security model.
Markets React as Analysts Study Probabilities
Prediction markets currently assign Bitcoin a 25% chance of hitting $1 million by 2030. Analysts see Bitcoin gaining 18% year-to-date despite volatility and geopolitical uncertainty. Traders reacted quickly to Trump’s statement. Some see it as political hype. Others believe it reflects growing institutional conviction because mining companies rarely make extreme claims unless they see rising demand from governments and corporations. The audience at the event responded positively, and social media amplified the clip across crypto circles. Trump’s comments also remind investors that major political voices now openly support Bitcoin.
This visibility can influence sentiment as ETFs expand, sovereign miners increase output, and global adoption strengthens. Despite critics warning about regulation and macro instability, Bitcoin continues to attract large capital pools because investors want assets with predictable supply and global liquidity. Trump’s message fits that momentum. His confidence pushes the narrative that Bitcoin’s next decade could resemble gold’s explosive growth during the 1970s and early 2000s.